To link to the entire object, paste this link in email, IM or documentTo embed the entire object, paste this HTML in websiteTo link to this page, paste this link in email, IM or documentTo embed this page, paste this HTML in website

THE LOYOLA MAROON VOLUME 67, NO. 23 LOYOLA UNIVERSITY, NEW ORLEANS, LOUISIANA 70118 APRIL 14, 1989 LU will sell historic radio holdings By Tim Watson Staff writer The Rev. James C. Carter., S J., university president, announced Tuesday that Loyola will sell radio stations WWL-AM and WLMG-FM to KeymarketCommunications of North Augusta, S.C., for $12.85 million. The sales contract calls for the sale to occur before Dec. 31. Kerby E. Confer, Keymarket's chairman, said he hoped that the stations would change hands on or before July 31. Only the licenses, the call letters and the AM-radio antenna will be sold. Loyola will keep all property on North Rampart Street where the stations are housed as well as the equipment on that property. However, the university will rent that property and equipment to Keymarket for one year from the date of sale. At that point, Confer said, Keymarket will probably move the stations to a new building. Confer said Keymarket will not change the formats of either WWL-AM, a newsradio station, or WLMG-FM, an adult contemporary music station, and plans to retain the call letters of both stations. According to Carter, responsible management of Loyola's endowment prompted the decision to sell the stations. This is in the "best interest of Loyola's academic mission," Carter said. Loyola will invest the proceeds from the sale in areas that will provide a "more stable source of income," Carter said. Loyola opened WWL-AM, which broadcast the first radio program in New Orleans, in 1922. "It was extremely difficult for Loyola to lose its relation to radio—a relation which is so intimately a part of its history," Carter said. He said that operating the stations has not been a problem for the university, and that the decision to sell was "strictly a matter of income to the university." Carter said the New Orleans economy docs not support the advertising that it Caring and sharing — LUCAP volunteers Roslyn Robertson, communications junior (right), and Janet Ruli, elementary education senior (below, background) entertain children at Crescent House, a home for abused women and their families. By helping out with the kids, LUCAP volunteers give Crescent House residents some valuable time to rest, work or take care of personal matters. Photos by Thorn Scott Tuition increase bypasses UBC, Caniglia claims By Andrew Nolan and Angela Pulido Staff writers Jason Caniglia, Student Government Association president, is protesting a 70 percent summer school tuition increase four months after a committee he is a member of had approved it. Summer school tuition for 1989 rose 70.89 percent, from SISB to 5270 per credit hour. "The subcommittee on tuition and fees didn't discuss the raise in tuition for summer school. The ÜBC Assembly didn't discuss it either. The tuition raise was not communicated to the student body," Caniglia said after the SGA meeting Tuesday. In Caniglia,s letter to Dr. Norman Rousscll, vice president for Administration, following the April 5 meeting of the University Budget Committee, Caniglia says that he, "as a member" of the Tuition and Fees Subcommittee, did not recall any mention of the proposed hike. In addition, Caniglia said his records showed "no evidence of a vote by this subcommittee." But, according to Rousscll, Caniglia had the information about the tuition increase long before the latest meeting of the University Budget Committee. Roussell produced the minutes of the December meeting of the University Budget Committee, when it voted on the tuition recommendations for the Board of Trustees. According to the minutes, Caniglia was present. Rousscll said Caniglia had to leave the meeting before the members voted, but he offered his suggestion to the ÜBC that the 19.5 percent increase for full-time tuition was too high. The committee discussed raises in full-time, part-time, Law School, City College and summer school tuitions, a subject the subcommittee had also debated, Rousscll said. See WWL/page 7 See Tuition/page 7 fjfjfĵ fhjktk

Archival image is an 8-bit greyscale tiff that was scanned from microfilm at 300 dpi. The original file size was 1507.68 KB.

Transcript

THE LOYOLA MAROON VOLUME 67, NO. 23 LOYOLA UNIVERSITY, NEW ORLEANS, LOUISIANA 70118 APRIL 14, 1989 LU will sell historic radio holdings By Tim Watson Staff writer The Rev. James C. Carter., S J., university president, announced Tuesday that Loyola will sell radio stations WWL-AM and WLMG-FM to KeymarketCommunications of North Augusta, S.C., for $12.85 million. The sales contract calls for the sale to occur before Dec. 31. Kerby E. Confer, Keymarket's chairman, said he hoped that the stations would change hands on or before July 31. Only the licenses, the call letters and the AM-radio antenna will be sold. Loyola will keep all property on North Rampart Street where the stations are housed as well as the equipment on that property. However, the university will rent that property and equipment to Keymarket for one year from the date of sale. At that point, Confer said, Keymarket will probably move the stations to a new building. Confer said Keymarket will not change the formats of either WWL-AM, a newsradio station, or WLMG-FM, an adult contemporary music station, and plans to retain the call letters of both stations. According to Carter, responsible management of Loyola's endowment prompted the decision to sell the stations. This is in the "best interest of Loyola's academic mission," Carter said. Loyola will invest the proceeds from the sale in areas that will provide a "more stable source of income," Carter said. Loyola opened WWL-AM, which broadcast the first radio program in New Orleans, in 1922. "It was extremely difficult for Loyola to lose its relation to radio—a relation which is so intimately a part of its history," Carter said. He said that operating the stations has not been a problem for the university, and that the decision to sell was "strictly a matter of income to the university." Carter said the New Orleans economy docs not support the advertising that it Caring and sharing — LUCAP volunteers Roslyn Robertson, communications junior (right), and Janet Ruli, elementary education senior (below, background) entertain children at Crescent House, a home for abused women and their families. By helping out with the kids, LUCAP volunteers give Crescent House residents some valuable time to rest, work or take care of personal matters. Photos by Thorn Scott Tuition increase bypasses UBC, Caniglia claims By Andrew Nolan and Angela Pulido Staff writers Jason Caniglia, Student Government Association president, is protesting a 70 percent summer school tuition increase four months after a committee he is a member of had approved it. Summer school tuition for 1989 rose 70.89 percent, from SISB to 5270 per credit hour. "The subcommittee on tuition and fees didn't discuss the raise in tuition for summer school. The ÜBC Assembly didn't discuss it either. The tuition raise was not communicated to the student body," Caniglia said after the SGA meeting Tuesday. In Caniglia,s letter to Dr. Norman Rousscll, vice president for Administration, following the April 5 meeting of the University Budget Committee, Caniglia says that he, "as a member" of the Tuition and Fees Subcommittee, did not recall any mention of the proposed hike. In addition, Caniglia said his records showed "no evidence of a vote by this subcommittee." But, according to Rousscll, Caniglia had the information about the tuition increase long before the latest meeting of the University Budget Committee. Roussell produced the minutes of the December meeting of the University Budget Committee, when it voted on the tuition recommendations for the Board of Trustees. According to the minutes, Caniglia was present. Rousscll said Caniglia had to leave the meeting before the members voted, but he offered his suggestion to the ÜBC that the 19.5 percent increase for full-time tuition was too high. The committee discussed raises in full-time, part-time, Law School, City College and summer school tuitions, a subject the subcommittee had also debated, Rousscll said. See WWL/page 7 See Tuition/page 7 fjfjfĵ fhjktk